Fawcett’s Favorites 10-5-20

(Don’t miss my lecture, and 20 others, in this year’s Financial Freedom Through Real Estate Virtual Conference, this weekend, October 9-11. I will be sharing my secret sauce to managing your directly owned real estate while working full time as a physician. It is absolutely free so click on the link above and sign up now! If you sign … Read more

Fawcett’s Favorites 3-9-20

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include a real estate investing book review, a bill of rights for medical residents, the effect of … Read more

Success is Not Measured by Income

Too many doctors today believe that their income is what determines their level of success. This is a fallacy that is hurting way too many doctors. We hear things like “Become a specialist so you can make the big bucks” or “Now that I’m an attending, I can afford the payments on a new Tesla” … Read more

Your Smart Phone is Contributing to Burnout

Burnout and dealing with its symptoms has become a hot topic in the last decade. It’s a problem that has multiple contributing factors. Some of those factors are thrust upon us and are beyond our control, such as government regulations. Other factors are self-imposed, and thus under our control, such as volunteering for extra call … Read more

Why I Gave Up Obstetrics at Age 43

(Today’s guest post comes from a very thankful reader. Her life was changed by reading my book, The Doctors Guide to Smart Career Alternatives and Retirement. She was kind enough to send me a thank you note and I asked if she would be willing to tell her story to all my readers. She agreed, … Read more

Are Your Perceptions Killing Your Finances?

An interesting phenomena recurs when I work with physicians to makeover their finances. They almost never believe that overspending is the problem. They believe the reason their credit card balance is growing, and their large monthly income isn’t enough to pay their expenses can’t be due to their own choice to overspend. They always have … Read more

Time for Mid-Year Resolutions?

We all get caught up in the New Year sentimentality on January 1st; the ability to have a fresh start and wipe the slate clean. Which translates into starting over in some areas of our lives. So we make our New Year’s Resolutions, hoping that this year our lives will change for the better. We … Read more

Never Fly When You Can Drive

Several years ago I had a discussion with one of my residents. He was telling me about how great it was to fly back to Portland to visit his girlfriend. The airplane flight was only 45 minutes and fairly inexpensive. This conversation got me thinking about travel and what mode of transportation is best for … Read more